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The differential effects of oil demand and supply shocks on the global economy /

We employ a set of sign restrictions on the generalized impulse responses of a Global VAR model, estimated for 38 countries/regions over the period 1979Q2-2011Q2, to discriminate between supply-driven and demand-driven oil-price shocks and to study the time profile of their macroeconomic effects for...

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Bibliographic Details
Call Number:Libro Electrónico
Corporate Author: International Monetary Fund. Middle East and Central Asia Department
Other Authors: Cashin, Paul
Format: Electronic eBook
Language:Inglés
Published: [Washington, D.C.] : International Monetary Fund, ©2012.
Series:IMF working paper ; WP/12/253.
Subjects:
Online Access:Texto completo